At number 2537th in the list of Australian suburbs ordered by increase in median house value over the last year, Cooktown, 4895 is in the BOTTOM 40% with a property value increase of 1.79% recorded in median house prices.
Cooktown,4895 has offered an average of 1.79% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -12.80% to buyers in Cooktown at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 2.17 sales per month, which equates to 26 per year.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.84%, without taking into account capital value appreciation, which has been averaging out at 1.10%.